The stock exchange can play a vital role in ensuring wider share ownership by regulating new issues, better trading practices etc. Identify the function which explains this ___________ .
A
Pricing of Securities
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Spreading of Equity Cult
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Contributes to Economic Growth
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Safety of Transaction
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is B Spreading of Equity Cult The stock exchange can play a vital role in ensuring wider share ownership by regulating new issue better trading practices etc- spreading of equity cult function of stock exchange is mentioned. Basic function of stock exchange are providing Liquidity and
Marketability to existing securities. Stock exchange can be defined as
an association, organization or body of individuals whether incorporated
or not established for the purpose of assisting, regulating and
controlling of business in buying, selling and dealing in securities.